Tickers: XTSX:SNF
Tags: Food & Beverage
Premium Medium Chain Triglyceride (MCT) Oil for the Cannabis & Hemp Industry
February 14, 2018 / TheNewswire / CALGARY, ALBERTA. Sunora Foods Inc. (the "Corporation") (TSX-V: SNF) is pleased to announce an agreement with an international food oil company for the exclusive supply to the Canadian market of Medium Chain Triglyceride ("MCT") oil for use in the cannabis and hemp industry. The addition of MCT oil to Sunora's product line adds high demand products for use in the emerging cannabis and hemp industries. Cannabis and hemp elixirs, tinctures and edibles generally all require carrier oils; and Sunora has the expertise and background to be a major supplier of these carrier oils.
Sunora's proprietary MCT oil is produced from coconuts, using a cold press extraction process. Third party testing of Sunora's MCT oil demonstrates that it is 99.8% of C8:0 (Caprylic acid) and C10:0 (Capric acid). All Sunora MCT oil meets or exceeds the finest quality food standards consistently followed by Sunora in its current product offerings of canola, olive, corn and soybean oils.
President Steve Bank states; "We are excited to be able to participate in the growth of the cannabis and hemp industry by leveraging our international trading experience and our knowledge of quality food oil."
Interested parties seeking a consistent and reliable high-quality supply of MCT oil are encouraged to contact Dean Stuart at T: 403 617 7609 or Shawn Li or Janet Mernagh with Sunora at T: 403 247 8300 for information on fractionation process, esterification step and samples.
Sunora Foods is a Calgary, Alberta based food oil entity trading and supplying canola oil, corn oil, soybean oil, olive oil, MCT and specialty oils in Canada and internationally under the "Sunora", "Sunera" and numerous private label brands.
For further information, please contact:
Dean Stuart
Investor Relations
T: (403) 617-7609
Steve Bank
Chief Executive Officer and President
T: (403) 247-8300
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
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